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Nov 26, 2012
11/12
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i work in the government at that time. people at the top did quite well, people of the middle in the bottom did quite well. liz: the question becomes what we have to do to make this happen? what is holding it up? a reasonable approach allowing people to have some deductions just not all the deductions. a ton of coin for the government hopefully to use wisely. >> it is deductions as well as long top rates to return to where they were in the clinton years. that is what the president has supported all along, that is what he campaigned on and if the house of representatives were to pick up the bill the senate passed an extend middle-class tax cuts, that would go a long waysway to solving the fiscal cliff issues. david: chairman alan krueger please come back and see us again. >> thank you for having me. liz: ringing in the holidays with diamonds. up next, the president and ceo of blue nile. this is his super bowl. harvey kanter with his outlook on the holidays. what deals they have for shoppers. david: close-up, close-up. havin
i work in the government at that time. people at the top did quite well, people of the middle in the bottom did quite well. liz: the question becomes what we have to do to make this happen? what is holding it up? a reasonable approach allowing people to have some deductions just not all the deductions. a ton of coin for the government hopefully to use wisely. >> it is deductions as well as long top rates to return to where they were in the clinton years. that is what the president has...
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Nov 25, 2012
11/12
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they are - trying to look long term and have a government
they are - trying to look long term and have a government
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Nov 24, 2012
11/12
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FBC
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[laughter]over if we keep the current tax rates we could increase government -- the government revenue with 26% over the last two years. again government revenue has bsen 26% using the bush. tax rs rates that brings more revenue, not less. lou: as has been demonstrated. and do anticipate the drama to be a total lack of faith with the growth modele yearnstrated over the past two years? are nme y say this economy cannottor grow fast enough. we will not see it unless we raise taxes. >> of course, you don't get growth if you raise tax rates. california and other states the top rate is approaching 50% of business has as much incentive to fire somebody to get a lower cost than to hire somebody to create revenue. hik experi extemporaneous experimentment, california bringing tax levels will we see california aztek merionthe a the coal mine when it comes3 to economic growth in the an ability to support thefleein ever-growing government? >> it is a microcosm what happens to countries that raise their tax rates and entrepreneurs we and welfared recipients come in and there is the unsustainable st
[laughter]over if we keep the current tax rates we could increase government -- the government revenue with 26% over the last two years. again government revenue has bsen 26% using the bush. tax rs rates that brings more revenue, not less. lou: as has been demonstrated. and do anticipate the drama to be a total lack of faith with the growth modele yearnstrated over the past two years? are nme y say this economy cannottor grow fast enough. we will not see it unless we raise taxes. >> of...
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Nov 22, 2012
11/12
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-- tentacles from government. ideas have sex. wait, what? yes, this writer explains. >> ideas spread, and when they t meet, they can mate.t jon john and because of that, we live in a wonderful world.n that's a our show constant tonight. ♪ >> and now, john stossel. ♪ and i think to, what a wonderful world ♪ john: what a wonderful world? what are they talking about? all i hear from the media is doom; unemployment, pollution, social conflict. all those things exist, but it'b good that every once in a whilee someone puts it in perspective. this man did that, he's a swedish public health professoru now, on this show i don't likesh usually to put on swedish public health professors or danish public health professors for that matter. i think they put you to sleep. but hans roseling has caught the world's attention because he gave a tent talk, lectures given by techies, it sands for technology entertainment design. but roseling's talk has been viewed more than 100,000 times. here's a part of it. >> i was only 4 year
-- tentacles from government. ideas have sex. wait, what? yes, this writer explains. >> ideas spread, and when they t meet, they can mate.t jon john and because of that, we live in a wonderful world.n that's a our show constant tonight. ♪ >> and now, john stossel. ♪ and i think to, what a wonderful world ♪ john: what a wonderful world? what are they talking about? all i hear from the media is doom; unemployment, pollution, social conflict. all those things exist, but it'b good...
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Nov 22, 2012
11/12
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your government wants to make them illegal. they are great. vocational skill at -- vocational schools. low-wage jobs are great. government needs to get at of our way. to allow those things to happen. [applause] a w show next week. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this speal time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. i took my son fishing
your government wants to make them illegal. they are great. vocational skill at -- vocational schools. low-wage jobs are great. government needs to get at of our way. to allow those things to happen. [applause] a w show next week. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this speal time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho,...
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Nov 21, 2012
11/12
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FBC
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t what ihs the likely impact of tl federal government on housing? one a be a recovery that starts from the ground up, not the tops fr down? >> there is still a long way tog go. a couple of the pressing issues, underwater borrowers, the that is improving as prices are rising, but big foreclosures on inventory.ventory is ather particularly florida. some states in the northeast ans midwest. that is a challenge. people going through that process and the local markete pp because the foreclosures willro lay down on homcee prices.l waio gerri: a lot of talk about doina something to make fannie mae and freddie mac work better, get rid of them. what do you think is the right i solution? >> that is a big long-term question that the obama andrm qo dministrations will have to deal with. [inaudible conversations] to deal with. right now, the government is involved in guaranteeing and investing an investing in a vast majority of new mortgages. the transitions are so important. you can just take the government out of housing suddenly because the mortgage market wo
t what ihs the likely impact of tl federal government on housing? one a be a recovery that starts from the ground up, not the tops fr down? >> there is still a long way tog go. a couple of the pressing issues, underwater borrowers, the that is improving as prices are rising, but big foreclosures on inventory.ventory is ather particularly florida. some states in the northeast ans midwest. that is a challenge. people going through that process and the local markete pp because the...
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Nov 28, 2012
11/12
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CNNW
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romney did a good job in turning the olympics around and he thought that could apply to the federal government to make it more efficient, to make it more customer friendly. people friendly. and so we expect that some of that will be part of the discussions when the president sits down with mitt romney here at the white house tomorrow. i think the timing of this is also quite interesting because it's kind of a high profile showing of bipartisanship at a time when the president is trying to hammer out this fiscal challenge with republicans up on capitol hill. >>> and private dining room, private lunch, no media allowed. not even a photo op or anything of them sitting down together at the table? >> nothing at this point. you know, there are a lot of things that happen behind closed doors such as the president meeting with the ceos today here at the white house, meeting with small business leaders yesterday at the white house as well. and we were not allowed to go inside and see that. but perhaps the white house photographer will get a shot and they'll put it out there and we'll get a chance to se
romney did a good job in turning the olympics around and he thought that could apply to the federal government to make it more efficient, to make it more customer friendly. people friendly. and so we expect that some of that will be part of the discussions when the president sits down with mitt romney here at the white house tomorrow. i think the timing of this is also quite interesting because it's kind of a high profile showing of bipartisanship at a time when the president is trying to...
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Nov 25, 2012
11/12
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the government house forest. there are more forest fires in the government-owned forest and privately-owned forests. people have more incentive to take care of their would. >> plant more and to not cut it down early. that is the biggest problem. we see it with the pilgrims. they pick the corner early. fishing. keep the small fish rather than throwing it back if it's not your pond. it's a notion you throw it back. someone else will get it. keep it. if it's yours, let it grow to the size that it should. it is publicly owned, you worry about the oer pochard coming in and taking a. john: i understand how private ownership would work in some and land area, but i can't see how you do with the ocean. >> a cple issues. migrating fish, you can't really on the property. you can on the fish, have a certaintagged fish with electronic surveillance and other technologies, but the way they solve the problem with notions as the tuna. they build these enormous bins. it's a fish farm in the ocean. saltwater they are case then. it'
the government house forest. there are more forest fires in the government-owned forest and privately-owned forests. people have more incentive to take care of their would. >> plant more and to not cut it down early. that is the biggest problem. we see it with the pilgrims. they pick the corner early. fishing. keep the small fish rather than throwing it back if it's not your pond. it's a notion you throw it back. someone else will get it. keep it. if it's yours, let it grow to the size...
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Nov 22, 2012
11/12
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but does government create jobs? >> absolutely. >> john: congressman keith ellison is chairman of the progressive caucus. >> they must be working together for the market to work properly. >> john: wouldn't be nice if the men and women in washington make the market work properly and create jobs. >> no doubt there are schools crumbling and parks need more attention. in minneapolis, we saw a bridge fall into the river. >> john: government doesn't have any money of its own, it has to take money from the private sector to give to these plans. >> it has a plan that will create 2.2 million jobs? >> if they can create the two million jobs, why not 5 million jobs, 10 milion jobs, spend more? >> there needs to be a balance. what we try to do --. >> john: how do you know it's the right balance of taking money taking money from the private sector. >> i think this guy has the right answer. that is mark cuban, owner of the dallas mavericks. >> how many jobs have you created? >> thousands, tens of thousands. >> when politicians tak
but does government create jobs? >> absolutely. >> john: congressman keith ellison is chairman of the progressive caucus. >> they must be working together for the market to work properly. >> john: wouldn't be nice if the men and women in washington make the market work properly and create jobs. >> no doubt there are schools crumbling and parks need more attention. in minneapolis, we saw a bridge fall into the river. >> john: government doesn't have any money...
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Nov 27, 2012
11/12
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governments have to work together to fight this problem. and u.s. is one of the world's wealthiest countries. neil: what if it is not all man-made? we had others on here who talk about whether cycle storms, cycle weather patterns over decades, and that we're addressing a problem, and an expensive issue to address, needlessly? >> you know, what would be more expensive is if he don't do anything, it is best to do do what we can to stop the climate change. neil: you are saying man-made this climate change. >> it is occurring, yes. neil: i don't doubt that, i agree, but i wonder if we can peg it on man, and zap richer countries to pay for correcting a problem for which may might not be responsible. >> i'm not sure that link is necessary? >> yeah, don't you think, if you give he a ticket for speeding, sure as hell better have been spding. >> not in your interest to wear a seat belt whether or not you are speeding, it is in our interest to help countries adapt to climate change, which is in man-made. u.s. is leading emission emitter. neil: we had emission
governments have to work together to fight this problem. and u.s. is one of the world's wealthiest countries. neil: what if it is not all man-made? we had others on here who talk about whether cycle storms, cycle weather patterns over decades, and that we're addressing a problem, and an expensive issue to address, needlessly? >> you know, what would be more expensive is if he don't do anything, it is best to do do what we can to stop the climate change. neil: you are saying man-made this...
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Nov 25, 2012
11/12
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welcome to government hand outs? a republican law makers demaing that the department of scort scort taking down the web site showing new immigrants how to sign from medicaid to food stamps. is this the new american dream. welcome to forbes on fox we'll go to mr. steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to make dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out t be president of one of the nation's biggest autocompanis and became governor of the state of
welcome to government hand outs? a republican law makers demaing that the department of scort scort taking down the web site showing new immigrants how to sign from medicaid to food stamps. is this the new american dream. welcome to forbes on fox we'll go to mr. steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to make dependent on the government. that means more...
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Nov 23, 2012
11/12
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so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes just simply stopping, for the first time in some time ever, congress and our president actually think through public policy. >> absolutely. tax-cut reform on the one hand, and salomon reform on the other. if congress and the president move in that direction it would be a very, very positive signal that the political process is actually functioning. lou: a real quickly, we're out of time. some symbols, reasonable template. >> i think it is. lou: thank you for being here. president obama's reelection reigniting the debate about illegal immigration. what a republican ship on illegal immigra
so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes...
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Nov 28, 2012
11/12
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. >> the main index measures the size of government and taxation and labor market regulation in those states. they are having a smaller government that puts a smaller burden on the people than new mexico and west virginia and mississippi of the united states . the result is, those states tend to be richer on average than the states that regulate economic freedom away more. >> steve: you mentioned the states with the lowest economic freedom and we'll put that map up as well you touched on them a couple of moments ago. bad news for the people of the united states. canada is eing us? >> yes, people associate the united states as one of the freer nations of the world. this is changing in particular over the last 10 years. with perspect, it is the case of the tallest dwarf. we could be more heck than we always have been. but relative to the nations of the world we are declining rapidly. the united states went from the second freest in 2000 to dropping 16th in the world ranking behind canada this year and we look at average u.s. state. it is less free than the average canada province. >> th
. >> the main index measures the size of government and taxation and labor market regulation in those states. they are having a smaller government that puts a smaller burden on the people than new mexico and west virginia and mississippi of the united states . the result is, those states tend to be richer on average than the states that regulate economic freedom away more. >> steve: you mentioned the states with the lowest economic freedom and we'll put that map up as well you...
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Nov 22, 2012
11/12
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if government were run by angels, no control on government could be necessary. government needs to exercise some kind of control. obama has created or wants to pass consumer privacy rights, which gives you control over what information is collected on you and how it's used. however, they are not going to be applying it to campaigns or the government. so here we go. governments are not angels either. >> the convenient loophole there. i was reading so many millions and millions of people who made pledges and it will be looked at for updated. it's a large giant corporation and they end up with our information and creditt card numbers. >> we are told in response that we should trust that obama will not -- his campaign will not take advantage of this or misuse it. the whole group are a bunch of angels. all kinds of campigns can participate. >> here is the other side of the coin that a lot of people are saying, they gave up. they gave up on the notion of privacy. general petraeus, it sort of underscores this. the idea that once you get on e internet and wats to give u
if government were run by angels, no control on government could be necessary. government needs to exercise some kind of control. obama has created or wants to pass consumer privacy rights, which gives you control over what information is collected on you and how it's used. however, they are not going to be applying it to campaigns or the government. so here we go. governments are not angels either. >> the convenient loophole there. i was reading so many millions and millions of people...
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Nov 24, 2012
11/12
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dramatically in wisconsin, state and local government. gerri: what is the impact of the host thetory? to me it seems a black eye for all kinds of unions, a variety of flavors and unions, the kers union, they were the only group who could come to agreement with hostess and at the end of the day the company went out of business because of that. >> going out of business and if you look at the auto companies that need bailout, the union once, chrysler and gm, it wasn't thenes in the south that were nonunion so the problem is unionmaking and union bosses are making these non-competitive and it is hurting the workers they purport to represent. gerri: have a great weekend. thank you. still ahead of fiscal cliff mess just got messier. how president obama responded to john boehner's latest comments and holiday season rushes on. would you spend your money? where's the best place to invest it? buying retail stocks for losers next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's j
dramatically in wisconsin, state and local government. gerri: what is the impact of the host thetory? to me it seems a black eye for all kinds of unions, a variety of flavors and unions, the kers union, they were the only group who could come to agreement with hostess and at the end of the day the company went out of business because of that. >> going out of business and if you look at the auto companies that need bailout, the union once, chrysler and gm, it wasn't thenes in the south...
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45
Nov 28, 2012
11/12
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FBC
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write a check to the government. neil: health care law -- here is the problem, it not going anywhere, but the money for it. it is gone. i'm telling you it's gone, coming up, dunkin' bread ceo on neil: a lot of companies freaking out. some are cutting back to worker's hours to deal with health care, or cutting healthy insurance all death, it dunkin' brands getting dunked. the ceo nigel travis. you do not have the same darden experience they and walmart, and some others are curtailing hours or finding ways to get around this big health care you know hit they are taking? what do you do? >> i loved your headline, are we getting dunked? we're focussed on it. we have been working with the obama administration on trying to get the rules amended i think we will in terms -- >> do they show any willingness to do that? >> we've had a lot of success, one part of the affordable health care act that many do not know is about menu labeling. and this is about calorie legislation, here in new york we have legislation bought in by new
write a check to the government. neil: health care law -- here is the problem, it not going anywhere, but the money for it. it is gone. i'm telling you it's gone, coming up, dunkin' bread ceo on neil: a lot of companies freaking out. some are cutting back to worker's hours to deal with health care, or cutting healthy insurance all death, it dunkin' brands getting dunked. the ceo nigel travis. you do not have the same darden experience they and walmart, and some others are curtailing hours or...
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Nov 21, 2012
11/12
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state and local governments. some folks in the ceo suite on making some of the same mistak. you have every reason to complain. case in point today, former ceo of hewlett-packard. no one of my colleagues at fox business nominated him as the worst ceo of all-time. in his rush to write the ailing company, they restructure the legendary pc business and bought a british software company called autonomy. oracle decided to take a pass. hphould have done the same because today it had to take $9 billion accounting charge after finding out they have serious accounting i improprie improprieties. the write off wiped out the mpany's profits. at least the traders at jpmorgan lost $5 billion new or taking a gamble. whh raises the question, isn't that what d diligence is for and why did two georgian due die failed? the former hp ceo is long gone, about a year, but his legacy continues. followers of his career are not too surprid about this. this is the same fellow booted as ceo the world's biggest business software company after
state and local governments. some folks in the ceo suite on making some of the same mistak. you have every reason to complain. case in point today, former ceo of hewlett-packard. no one of my colleagues at fox business nominated him as the worst ceo of all-time. in his rush to write the ailing company, they restructure the legendary pc business and bought a british software company called autonomy. oracle decided to take a pass. hphould have done the same because today it had to take $9 billion...
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Nov 21, 2012
11/12
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FBC
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if we have to broker a deal allowing us some kind of certainty for some kind of a calm, the israeli government did the right thing. we can all say with certainty a deal that will last 100 years. melissa: thank you for coming on tonight. turning to the u.s., we're focused on thanksgiving. a good time to be grateful and to give thanks that as many are hitting the road to head to grandma's house, gas prices expected to be historic highs. fortunately for all of you mon "money" fans, and the best way to get around the travel mess. joining us now, senior petroleum analyst. thank you so much for joining us. what are the secrets? you have to tell me if they are true, it seems gas prices always go up on thursday night before friday. is that true? >> no, it is not. they think the price always goes up in advance of the holiday weekend. that is a myth as well. they're either flat or they declined. we saw the same thing with labor day. it can often decline, so it really depends. melissa: in this case this year it might be better to wait. if prices are falling, maybe you want to wait until deeper into the w
if we have to broker a deal allowing us some kind of certainty for some kind of a calm, the israeli government did the right thing. we can all say with certainty a deal that will last 100 years. melissa: thank you for coming on tonight. turning to the u.s., we're focused on thanksgiving. a good time to be grateful and to give thanks that as many are hitting the road to head to grandma's house, gas prices expected to be historic highs. fortunately for all of you mon "money" fans, and...
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Nov 28, 2012
11/12
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this is poor people writing a check to the government most of it goes to the government, the people who can least afford it. but let's deal with overall figures, 2010 last time we could get numbers, about 59 billion-dollars span by american ocelotry tickets. that is a big chunk of change. and immediately, state's peal off about 18 billion from that 30% of that total right off the top to the state. they take that money, and some states designate it for particular things 30% in california goes to the education. that adds up to more than 1% of total. neill but they have been doing that for years, you would think that every kid would have a gold little bitted laptop. >> you think so, they have a state budget of 53 billion for education, one state that is biggest state. but still, a lot of change. now in addition to that 18 billion. right off the top that is just peeled off the top, have you bottom line, because, the 59 billion-dollar they spend, the people who get money from that have to pay taxes. 35% of goes to fed, you got, state local taxes which could add up to over 10% that is money t
this is poor people writing a check to the government most of it goes to the government, the people who can least afford it. but let's deal with overall figures, 2010 last time we could get numbers, about 59 billion-dollars span by american ocelotry tickets. that is a big chunk of change. and immediately, state's peal off about 18 billion from that 30% of that total right off the top to the state. they take that money, and some states designate it for particular things 30% in california goes to...
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Nov 24, 2012
11/12
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FBC
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but is there a limit to what the government can do? would you say that cars being made safely, and they say, you know, government can't make an economy as a whole. >> they don't have much power. we have to demand more from big business. neil: will the government demand that? >> business can hardly keep up with the corporate climb. barclays, jpmorgan chase, now, wasko, 3 billion-dollar fine. we have to save these corporations. they were built on the backs of american workers. build buildout by american taxpayers. recording record profits. sitting on trillionsf dollars, keeping them away from their owners and the investors and the workers. neil: are you saying that there was crime involved? there was no crime involved. are you saying that all ofhese guys are typical? in other words with that there are more bad guys and good guys? >> the big guys have to much power and are too big to fail and all that. >> leches take the fortune 500. would you say, you mentioned three prominent companies. would you say that is 3%? 5%? 50%? i just disagree
but is there a limit to what the government can do? would you say that cars being made safely, and they say, you know, government can't make an economy as a whole. >> they don't have much power. we have to demand more from big business. neil: will the government demand that? >> business can hardly keep up with the corporate climb. barclays, jpmorgan chase, now, wasko, 3 billion-dollar fine. we have to save these corporations. they were built on the backs of american workers. build...
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139
Nov 23, 2012
11/12
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transcanada recently submitted a new plan to the government, and i spoke with the ceo of transcanada all about that plan as well as his expectations of the billions spent so far will be worth it, and that the pipeline will prevail. plus, wall street got the blues. u.s. debt mounts and tax hikes andrew the corner. guess what? there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the energy field, for example, we have just tremendous opportunities, particularly in the naral gas area. we got a game changer here. we got a fuel that's cheap, abunda, domestic, plentiful.g we ought to be doing everythingp we canlo to exploit that. melissa: fracking for natural gas?oded >> na
transcanada recently submitted a new plan to the government, and i spoke with the ceo of transcanada all about that plan as well as his expectations of the billions spent so far will be worth it, and that the pipeline will prevail. plus, wall street got the blues. u.s. debt mounts and tax hikes andrew the corner. guess what? there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money....
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129
Nov 22, 2012
11/12
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>> the federal government is spending $3.6 trillion. if you can't find waste and abuse than a trillion dollars to cut that would not have a major impact on the economy, i would be shocked. so this is just an example of it. i don't spend my day combing through the budget looking for those kinds of things. but we know that they exist. you know, that is one of the key government spending, federal spending, well over 22 or 23% of gdp right now. this is a very damaging thing. it is weighing down on the economy and the reason why we are not growing. i am with you. three it's not necessarily a revenue problem. it's a spending problem. if your home budget is out of control, the first thing you do is tighten your belt and then you go out and get an extra job. but the first thing you do is tighten your belt. i couldn't believe this one. we could be saving at least $100 million, the number is actually bigger, because professional sports teams are actually not profit. did you know that? the national hockey league, they are exempt from federal incom
>> the federal government is spending $3.6 trillion. if you can't find waste and abuse than a trillion dollars to cut that would not have a major impact on the economy, i would be shocked. so this is just an example of it. i don't spend my day combing through the budget looking for those kinds of things. but we know that they exist. you know, that is one of the key government spending, federal spending, well over 22 or 23% of gdp right now. this is a very damaging thing. it is weighing...
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Nov 23, 2012
11/12
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but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that. and i'd also like to see new leadership in the republican party. i think john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our econ
but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that. and i'd also like to see new leadership in the republican party. i think john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter...
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Nov 28, 2012
11/12
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>> well the problem is, the local governments, state government has been making promises they can't keep. really not fault of employees or frankly labor unions who will ask all they can get. it is fault of politicians who make the promises without setting aside money to pay for them. state level and municipalities we're paying more and more money to pensions and retiree health care benefits and less and less benefits to public safety. that will con until we solve the problem and fix our pensions for good. melissa: you think calpers fails in this situation? >> i do. melissa: this will not be the only time we'll see this tried. >> absolutely not. melissa: someone else will try. they will find a law and a way not to pay this down the road. if not san bernardino it will be someone else. >> i think a precedent will be set here. whenever there is bankruptcy what is it about? it is about reorganizing and restructure turing your debt so it is manageable and you can afford it. where you have a contractual obligation by the state, look it is defined benefit. you have to pay it, i think what they w
>> well the problem is, the local governments, state government has been making promises they can't keep. really not fault of employees or frankly labor unions who will ask all they can get. it is fault of politicians who make the promises without setting aside money to pay for them. state level and municipalities we're paying more and more money to pensions and retiree health care benefits and less and less benefits to public safety. that will con until we solve the problem and fix our...
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Nov 25, 2012
11/12
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>> the government, the government constantly. so, the point here is i think price waterhouse cooper did a study before the health care law and found the single highest health care expenditures preventible disease, everything from diabetes, heart disease, all kinds of disease that were largely preventible. so the idea that we're going to incentivize good behaving, better diet and nutrition, seems to be something that's smart and end up saving people in the premiums and saving taxpayers a hell of a lot of money. >> dagen, at some point, let's face it, the's a lot of things that we could all do to li a better life. we could become singapore, north korea, this is america and now what? we want to go out and have a twinkie if they're still around, on ebay we should be punished for that. >> we have a choice as a nation and we need to use less heal care. the people who have health insurance use too much of it. instead of putting the burn on them to make decisions for themselves, instead we expand it and have greater government control ov
>> the government, the government constantly. so, the point here is i think price waterhouse cooper did a study before the health care law and found the single highest health care expenditures preventible disease, everything from diabetes, heart disease, all kinds of disease that were largely preventible. so the idea that we're going to incentivize good behaving, better diet and nutrition, seems to be something that's smart and end up saving people in the premiums and saving taxpayers a...
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Nov 21, 2012
11/12
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KGO
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israel and hamas, the militant group that governs the gaza strip, they did edge a bit closer to a deal to stop the fighting after days of escalating missile attacks that have the world fearing a full-scale war is about to break out. u.s. secretary of state hillary clinton met with israeli prime minister benjamin netanyahu today, as part of this intense diplomatic efforts that are new under way. hamas, at one point, said a deal had been reached with israel. as of now, the fighting and the dying continues. "good morning america" is going to have the latest on that conflict in the morning. and lots of other stories. thanks for watching abc news. jimmy kimmel's coming up next. we'll see you here tomorrow. >>> up next on an all-new "jimmy kimmel live." >> here's a black friday shopping tip for you. find out who is spending three days waiting in line for these
israel and hamas, the militant group that governs the gaza strip, they did edge a bit closer to a deal to stop the fighting after days of escalating missile attacks that have the world fearing a full-scale war is about to break out. u.s. secretary of state hillary clinton met with israeli prime minister benjamin netanyahu today, as part of this intense diplomatic efforts that are new under way. hamas, at one point, said a deal had been reached with israel. as of now, the fighting and the dying...
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Nov 24, 2012
11/12
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>> the government needs to get out of the way. manufacturing is to america what spinach is to poeye. the strength of america is manufactured. neil: you don't think we can have a great country based on service? >> again, you go back to our terminals and electricity has to come through there. where you get do you get that from? a hydroelectric dam words power that is coal-fired. and now now they have all of these restrictions on coal mining and also the hydroelectric and i have talked to the people and they said that they can't find workers that work on the turbines to repair the turbines. so the day to come. it could come when no one is around to manufacture it. every little part has to be shaped. someone has to take a chunk of metal and put it into the machine and all that down to 120 southend-- 120,000th of an inch. neil: you been in every pixar movie. >> .true, but in the long haul, actors, sports, celebrities, the rest of us, we aren't. neil: how did you do it? how did you succeed and do the things you do? how do you you still
>> the government needs to get out of the way. manufacturing is to america what spinach is to poeye. the strength of america is manufactured. neil: you don't think we can have a great country based on service? >> again, you go back to our terminals and electricity has to come through there. where you get do you get that from? a hydroelectric dam words power that is coal-fired. and now now they have all of these restrictions on coal mining and also the hydroelectric and i have talked...
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Nov 22, 2012
11/12
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>> there was work by the mexican government by archaeologists. when they left some of the locals started digging around and found this monument. >> so from a small site? >> a small site that was mostly destroyed by a cement factory. almost all of the architecture has been ground up into gravel or cement. the main body of the textbook. >> it's only recently been able to be deciphered. only the last few years. >> yes. this is where all the controversy. you can see it's v fairly heavily damaged. famous end phrase, the end of the 13 boxes that will terminate in december 21st, 2012. >> reporter: according to the remaining piece of the tablet, something significant is going to happen. >> this is significant fighting a change over. >> the flavor of the event is miss forgot text. >> it's led to over 3,000 books that many claim to explain the true ending of the maya calendar. >> over 200 million hits on google. when i started this ten years ago, i would get 10,000 which was a lot. that is magic word. >> reporter: she professor of astronomy at colgate univ
>> there was work by the mexican government by archaeologists. when they left some of the locals started digging around and found this monument. >> so from a small site? >> a small site that was mostly destroyed by a cement factory. almost all of the architecture has been ground up into gravel or cement. the main body of the textbook. >> it's only recently been able to be deciphered. only the last few years. >> yes. this is where all the controversy. you can see...
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Nov 29, 2012
11/12
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FBC
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we can put people to work, it raises revenues of the government. it raises people's individual choices how they spend their money, how they live, where they live, what they do. remember, we have a gdp based on 70% of the consumer spending. liz: okay. >> disposable income becomes critical obviously. when you look at job growth, since 1980 the kauffman foundation did a study from 1980 to 2005. all net new jobs came from businesses that were less than five years old. it speaks to america's on the on theal bent and talent. liz: of course. let me jump in because we're running out of time but a quick sort of what everybody might be thinking about fort lee, new jersey, or aspen in downtown in colorado there are empty storefronts. where are you seeing strongest activity? >> we're seeing those with right attributes and demographics. they have growth. they have employment stability. it is all about employment. if you want community to do well and markets to do well it all comes back to healthy employment. liz: coldwell banker commercial ceo, billly redmond.
we can put people to work, it raises revenues of the government. it raises people's individual choices how they spend their money, how they live, where they live, what they do. remember, we have a gdp based on 70% of the consumer spending. liz: okay. >> disposable income becomes critical obviously. when you look at job growth, since 1980 the kauffman foundation did a study from 1980 to 2005. all net new jobs came from businesses that were less than five years old. it speaks to america's...
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Nov 27, 2012
11/12
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government do with the other 354 days? >> gretchen: they just tax people for 194 years, because that's what the math shows us, that it would take 194 years to actually pay off the debt with those particular tax cuts expiring. it's all about messaging, though, folks. that populist message worked, fair share, rich people don't pay their fair share. the is% -- 1%, 99%. republicans need to simplify their messaging like the democrats did so that they can also get their messaging across. they have good messages! >> brian: get a catch phrase that rhymes. >> steve: sure. call frank luntz on that. okay. so the election has been determine. the president of the united states now has another four years. we would only cover 8 1/2 days. >> brian: it's a trophy. that's all it is. a trophy to say i raised it on the rich. we'll find out what's happening with that. meanwhile, maria molina knows what's happening with the weather. i understand winter is here. >> that's right. a little early. we're going to be seeing snow here in new york city
government do with the other 354 days? >> gretchen: they just tax people for 194 years, because that's what the math shows us, that it would take 194 years to actually pay off the debt with those particular tax cuts expiring. it's all about messaging, though, folks. that populist message worked, fair share, rich people don't pay their fair share. the is% -- 1%, 99%. republicans need to simplify their messaging like the democrats did so that they can also get their messaging across. they...
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Nov 24, 2012
11/12
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. >> there was work bay the mexican government done by archeologists. when they left, some of the locals starting digging around and found this monument. a very small site mostly destroyed by a settlement factory. almost all of the -- by a cement factory ground up into gravel or cement. the main body of the text broke off. >> only the last few years we understand what it says. >> yes this is what all the controversy is about. fairly heavily damaged at the end. the end phrase that mentions the end will terminate in 2012. >> something significant is going to happen according to the tablet. this is signifying a changeover? >> flavor of that event is what is mess missing. >> this missing fragment has led to over 3,000 books that many claim to explain the true apocalyptic ending of the maya calendar. >> over 200 million hits on google, maya 2012. when i started this, 10 years ago, i get 10, 12,000, which was a lot for that day. that's a magic word. >> anthony is professor of astonomy and anthropology at colgate university and author of the book "end of time.
. >> there was work bay the mexican government done by archeologists. when they left, some of the locals starting digging around and found this monument. a very small site mostly destroyed by a settlement factory. almost all of the -- by a cement factory ground up into gravel or cement. the main body of the text broke off. >> only the last few years we understand what it says. >> yes this is what all the controversy is about. fairly heavily damaged at the end. the end phrase...
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Nov 24, 2012
11/12
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the government has done what it can do. we now need the private sector.a the 39.6 tax rate, you are not adding into 3.8% obama tax increases. that hit small businesses that are subchapter as corporations and the larger corporations, the corporate tax rate, that makes them feel very good.t the businesses that will be helr are the very small and midsize businesses. lou: the ones that went there today. >> those that are getting hit with the energy increases in labor cost increases b-1 if i td would've i told you that i think? fewer still want to be loved with all the deficit. lou: it's going to have to mean cutting the federal budget.the x >> even if we increase the taxr, rates, as you noted, the top 1%y in this country, 17% of the 37 income is what they make. they pay 7% 37% of the taxes.oug lou: give us your last thought here.ith the >> mr. president, please, please we work with the businessyou' putti community. we want you to succeed. but you are puttingy animpedims in a way to make it impossible. we want you to succeed. wo
the government has done what it can do. we now need the private sector.a the 39.6 tax rate, you are not adding into 3.8% obama tax increases. that hit small businesses that are subchapter as corporations and the larger corporations, the corporate tax rate, that makes them feel very good.t the businesses that will be helr are the very small and midsize businesses. lou: the ones that went there today. >> those that are getting hit with the energy increases in labor cost increases b-1 if i...
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Nov 29, 2012
11/12
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rather than to shrink the government and lower entitlement and put the government back in the confines of the constitution and let hard working americans to keep their money they will vote to raise taxings. they should remember a very famous pledge made by a very famous and well liked republican. do ow remember this. read my lipps. no new taxes . and when he violated that pledge. the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner made it clear. he will not raise the tax rates. he's looking at other way to raise revenue. we don't need to raise the rates close to 40 percent. >> they are saying that. they are disingenous. >> i respect in negotiation you take positions that you don't expect to end up with. lind an johnson said never watch them make sausage or legislation because give and take is unpleasant they talk about not raising rates and getting ritted of deductions. what ever takes more money from the hard working americans and gives it to the government and gives it to the consuming part of society. that doesn't cause prosperi
rather than to shrink the government and lower entitlement and put the government back in the confines of the constitution and let hard working americans to keep their money they will vote to raise taxings. they should remember a very famous pledge made by a very famous and well liked republican. do ow remember this. read my lipps. no new taxes . and when he violated that pledge. the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner...
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Nov 23, 2012
11/12
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FBC
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the federal government making it as easy as possible to get supplemental security income and other government entitlements. we are talking about that in a minute. also we are following protesters as they head to walmart locations in the chicago area trying to make a mess of the black friday shopping experience. check the big board. we have a little bit of a rally going non. you never know what will happen the day after thanksgiving. usually light volume so traders can move the market. that is happening today. we started in the green and continuing to go in a very green direction. here is the company. liz macdonald and gerri willis are here. robert gray on the floor of the new york stock exchange. thank you, ladies and gentlemen, and new at 10:00, and i nomination, government handout to read your aunt than ever to get. the web site welcome to the u.s. a.gov advertises benefit programs to new immigrants. medicaid, food stamps, housing vouchers and the best of all, mad money, $1,000 a month check for a couple called supplemental security income. so is this the best way to say hello to immigrants
the federal government making it as easy as possible to get supplemental security income and other government entitlements. we are talking about that in a minute. also we are following protesters as they head to walmart locations in the chicago area trying to make a mess of the black friday shopping experience. check the big board. we have a little bit of a rally going non. you never know what will happen the day after thanksgiving. usually light volume so traders can move the market. that is...
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Nov 29, 2012
11/12
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FBC
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we are looking at what may be a federal government disaster. guess what, the governments are in no better shape. that's tonight's "chalk talk." triple digit gains on wall street today. the dow jones industrial rally after the speaker of the house speaks. will a drawn-out fiscal clip negotiation chan in the streets direction? wall street veteran and bedford of adviser ceo joins us next. before copd... took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or h
we are looking at what may be a federal government disaster. guess what, the governments are in no better shape. that's tonight's "chalk talk." triple digit gains on wall street today. the dow jones industrial rally after the speaker of the house speaks. will a drawn-out fiscal clip negotiation chan in the streets direction? wall street veteran and bedford of adviser ceo joins us next. before copd... took my son fishing every year. we had a great spot, not easy to find, but worth it....
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Nov 26, 2012
11/12
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CNBC
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booker initiated this challenge following an exchange with a twitter follower over the role of government in nutrition and the food stamps benefit. he will begin to eat on less than $5 a day on december 4th and he'll be discussing it on social media. food for thought in this time of plenty for so many of us. that will do it for us for today. keep it here where wall street meets main street. have a great week. i will see you next weekend. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this.
booker initiated this challenge following an exchange with a twitter follower over the role of government in nutrition and the food stamps benefit. he will begin to eat on less than $5 a day on december 4th and he'll be discussing it on social media. food for thought in this time of plenty for so many of us. that will do it for us for today. keep it here where wall street meets main street. have a great week. i will see you next weekend. if we want to improve our schools... ... what should we...
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Nov 29, 2012
11/12
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i think government spends too much money. but if you're saying the government's going to take in $1.1 trillion more through tax reform, eliminating deductions, but not increasing the tax rates, but lowering them, you're still getting more money, and it's not through growth, so that means people are paying more, right? >> no. the money is not coming to the government. the money is coming in to be used to lower the rates as well as pay down the debt, sean. you're exactly right about economic growth. and you just look at what's happened in the last year. we've had just a very slight uptick in economic growth. we've seen about a $350 billion revenue increase. the problem is, this administration is spending that money instead of applying it to the debt. can you imagine what kind of economic growth we would see if we had real meaningful corporate tax reform? >> sean: this is where i turn to the president. first of all, he didn't lead with the grand bargain the last time. and bob woodward wrote a detailed book about the whole experi
i think government spends too much money. but if you're saying the government's going to take in $1.1 trillion more through tax reform, eliminating deductions, but not increasing the tax rates, but lowering them, you're still getting more money, and it's not through growth, so that means people are paying more, right? >> no. the money is not coming to the government. the money is coming in to be used to lower the rates as well as pay down the debt, sean. you're exactly right about...
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Nov 22, 2012
11/12
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and they believe it's by the occupying government. and trying to determine mo the terrorists are and where that event happened. and chicago mayor rahm emanuel is looking at ways for moms and dads to show up at parents-teachers conferences, they're offering a reward showing up at 70 schools. los angeles times in calling the card a bribe, says, is it what it's come to, the only way to get parents to fulfill their basic responsibilities is with a financial incentive? walgreen's is picking up the tabs hoping to encourage more shopping in its stores and finally, a new hampshire woman is mad as hell and couldn't take it anymore. the shop owner endured salvation army workers technology bells from morning to night five weeks out of every year, quote, i listen to this for 200 hours a year and this is my fourth year and i can't take it anymore, i'm sick of it and makes me hate christmas. trying to get them cited under the noise ordinance and the police isn't feel it was justified awe a local salvation army representation is looking for ways to
and they believe it's by the occupying government. and trying to determine mo the terrorists are and where that event happened. and chicago mayor rahm emanuel is looking at ways for moms and dads to show up at parents-teachers conferences, they're offering a reward showing up at 70 schools. los angeles times in calling the card a bribe, says, is it what it's come to, the only way to get parents to fulfill their basic responsibilities is with a financial incentive? walgreen's is picking up the...
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Nov 21, 2012
11/12
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FBC
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radical islamic state, the muslim brotherhood led egyptian government. it is strangling in an economy at is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to udgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his idlogical instincts on the one hand and elements of the egyptian security structure, the military an
radical islamic state, the muslim brotherhood led egyptian government. it is strangling in an economy at is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is...
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Nov 28, 2012
11/12
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CNBC
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>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what wou
>> that's what washington leaders are elected to do, to lead and govern. i think that's why the private sector is speaking out this way, because this is an issue that we have to educate the public, and we have to press our leaders to address. >> we had a representative on yesterday, democratic representative. he didn't even want to talk about means testing medicare or social security. very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person,...
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Nov 22, 2012
11/12
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under pressure from the federal government, bp agreed to create a victims compensation fund. both bp and the white house wanted one man, ken feinberg, to administer it. >> i felt that if asked, i should step up and try and help as best i can. >> what is it about ken feinberg that makes him the nation's arbiter of impossible decisions? >> i think there's something that experience brings to the table in terms of getting these problems solved. good afternoon, ladies and gentlemen. >> this lawyer's experience in mediation, in placing monetary value on human suffering, is unmatched. president obama made him his pay czar, where he cut the salaries of executives of companies that received government bailouts. but it was his role as special master of the 9/11 victims compensation fund that was his greatest challenge and likely his lasting legacy. >> 9/11 was a horrific experience, because you were dealing with traumatic death, where people said good-bye to loved ones that morning and never saw them again. incinerated. no body to bury. this is different, but it's very, very emotional,
under pressure from the federal government, bp agreed to create a victims compensation fund. both bp and the white house wanted one man, ken feinberg, to administer it. >> i felt that if asked, i should step up and try and help as best i can. >> what is it about ken feinberg that makes him the nation's arbiter of impossible decisions? >> i think there's something that experience brings to the table in terms of getting these problems solved. good afternoon, ladies and...
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Nov 29, 2012
11/12
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FBC
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we are looking at what may be a federal government disaster. guess what, the governments are in no better shape. that's tonight's "chalk talk." triple digit gains on wall street today. the dow jones industrial rally after the speaker of the house speaks. will a drawn-out fiscal clip negotiation change in the streets direction? wall street veteran and bedford of adviser ceo joins us next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes report these signs and sptoms to youdoctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or bast cancer. serious side effects could include creased ris
we are looking at what may be a federal government disaster. guess what, the governments are in no better shape. that's tonight's "chalk talk." triple digit gains on wall street today. the dow jones industrial rally after the speaker of the house speaks. will a drawn-out fiscal clip negotiation change in the streets direction? wall street veteran and bedford of adviser ceo joins us next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment...
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Nov 28, 2012
11/12
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FBC
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eye 101
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if i was the government, i would not solve this quickly. i would wait until the very end of the year, if possible. why? because people are selling their stocks and they are taking all extra dividends now, meaning in the first quarter, tax payments to the government will be enormous. gerri: apparently, that's what they want down there in washington. it's worth noting, though, that if you're retired, and you're living on dividend payouts, you're going to see a 43% 4% tax hit. >> yeah. gerri: that's monster. change your strategy at this point if you're in that category? i define one narrowly there. >> yeah, you know, that's a really tough and important question, and it's hard to answer because we don't know, yet, how it's going to really play out, and if they do raise taxes to that degree, then it's possible a lot of companies will lower their dividends or reduce the increases because it's not an efficient use of their capital. gerri: all right. >> it's a difficult question. gerri: all right. we'll let you duck that one, but next time, no duck
if i was the government, i would not solve this quickly. i would wait until the very end of the year, if possible. why? because people are selling their stocks and they are taking all extra dividends now, meaning in the first quarter, tax payments to the government will be enormous. gerri: apparently, that's what they want down there in washington. it's worth noting, though, that if you're retired, and you're living on dividend payouts, you're going to see a 43% 4% tax hit. >> yeah....